AAR Airlift Responds to DynCorp Lawsuit
PALM BAY, Fla., Sept. 22, 2015 /PRNewswire/ -- AAR Airlift Group, Inc. categorically denies the allegations set forth in a complaint filed by DynCorp International LLC in early September 2015 in the United States District Court for the Middle District of Florida.
DynCorp's lawsuit alleges improper actions purportedly taken by AAR Airlift in connection with a solicitation issued by the U.S. Department of State Bureau of International Narcotics and Law Enforcement Affairs, Office of Aviation for a federal government contract (the "INL/A contract") supporting State's Worldwide Aviation Support Services program. The lawsuit follows a series of protests filed by DynCorp with the U.S. Government Accountability Office, beginning on February 12, 2015, after DynCorp and AAR Airlift each submitted proposals in October 2014 for the award of the INL/A contract.
Steven Harrison, President of AAR Airlift, stated: "This lawsuit is entirely without merit and represents yet another tactic in an orchestrated campaign by DynCorp to delay the Department of State from making a contract award in support of a critical program. As the incumbent under the current INL/A contract, DynCorp significantly benefits from any delay in the awarding of the new INL/A contract."
Mr. Harrison continued, "We will vigorously defend our good name, and we are confident that we will prevail in the lawsuit."
AAR is a global aerospace and defense company that employs more than 5,000 people in over 20 countries. Based in Wood Dale, Illinois, AAR supports commercial, government and defense customers through two operating segments: Aviation Services and Expeditionary Services. AAR's Aviation Services include inventory management; parts supply; OEM parts distribution; aircraft maintenance, repair and overhaul; and component repair. AAR's Expeditionary Services include airlift operations; mobility systems; and command and control centers in support of military and humanitarian missions. More information can be found at www.aarcorp.com.
This press release contains certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on beliefs of Company management, as well as assumptions and estimates based on information currently available to the Company, and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated, including those factors discussed under Item 1A, entitled "Risk Factors", included in the Company's Form 10-K for the fiscal year ended May 31, 2014. Should one or more of these risks or uncertainties materialize adversely, or should underlying assumptions or estimates prove incorrect, actual results may vary materially from those described. These events and uncertainties are difficult or impossible to predict accurately and many are beyond the Company's control. The Company assumes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. For additional information, see the comments included in AAR's filings with the Securities and Exchange Commission.
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Kathleen Cantillon at Kathleen.Cantillon@aarcorp.com | 630-227-2081 or email: firstname.lastname@example.org
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